Cryptocurrency Q&A What currencies are still pegged?

What currencies are still pegged?

Alessandra Alessandra Tue Nov 19 2024 | 7 answers 1187
I'm wondering which currencies in the world are currently pegged to another currency or to a specific value, like gold or the US dollar. What currencies are still pegged?

7 answers

Raffaele Raffaele Thu Nov 21 2024
Various nations adopt strategies to ensure the stability of their currencies.

Was this helpful?

194
57
StormGalaxy StormGalaxy Thu Nov 21 2024
One common method is to link the value of their currency to the U.S. dollar.

Was this helpful?

105
95
Skywalker Skywalker Thu Nov 21 2024
The U.S. dollar holds a reputation for being a reliable and stable currency globally.

Was this helpful?

211
86
Alessandro Alessandro Wed Nov 20 2024
One such currency that is pegged to the U.S. dollar is the Belize dollar.

Was this helpful?

151
45
CryptoVanguard CryptoVanguard Wed Nov 20 2024
Another currency that follows this approach is the Hong Kong dollar.

Was this helpful?

339
42
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts